Personal Financing

Syariah Concept
  • Bai’ Bithaman Ajil (BBA)
Purpose
  • For personal consumptions
Eligibility
  • Age 18 years old and above
  • Not exceeding the retirement age at the end of the payment period
  • Brunei citizen and permanent residents
  • Employees of Brunei Government and recognized Private sectors
Term
  • Max up to 6 years
Profit Rate
  • 7.5% Monthly Reducing
Financing Amount
  • Up to 18 times of net monthly income
Processing Fee
  • $200
Coverage
  • Takaful Coverage
Basic Documentation Requirement
  • A completed Personal Financing Application form
  • Valid Identification Card
  • Original copy of applicant’s latest three (3) months’ salary slips
  • Employment confirmation letter
  • Bank statements for the last 3 months (for salary with other financial institutions)
  • Latest certificate of balance and/or latest clearance letter (for salary with other financial institutions)
  • Assign salary to TAIB